Benefit Deductions for July, August Returning 9-Month, 18-Pay Faculty
Benefit deductions for returning 9-month faculty on the 18-pay cycle are not deducted during the summer. Therefore, as per VCCS guidelines and to ensure continuation of benefits through the summer months, premiums due for May and June were collected in the 5/1-5/15 pay period. Premiums for July and August will be collected in the 8/16-8/31 pay period. These additional deductions will be processed for returning 9-month faculty on the 18-pay cycle who are enrolled in health coverage, legal resources, Unum Long-Term Disability and certain other miscellaneous voluntary benefits.
Important Note and Exceptions:
- Retirement contributions to include 403-b and 457 voluntary retirement savings plans are not withheld from summer pay.
- Faculty members hired effective 8/16/2020 are not impacted.
Coding on pay stubs for applicable benefit programs is as follows:
- Health Care premiums: Pretax Hlth Care
- UNUM LTD: Agy Specific Ded
- Legal Resources and any other post-tax voluntary insurance benefit: Misc Insurance
Please submit any questions or concerns to your Benefits Team at benefits@nvcc.edu.